France

FRANCE - The €31.3bn Fonds de Reserve pour les Retraites (FRR) has awarded fund of funds mandates worth a total of €1.35bn to three private equity managers.

FRANCE - The French Reserve Fund (Fonds De Reserve Pour Les Retraites) has invited tenders for a database software system to improve its internal information capability.

FRANCE - Antoine de Salins, executive director of the French Reserve Fund (Fonds de Reserve pour les Retraites, or FRR), has revealed the fund intends to launch a tender for a commodity index provider.

FRANCE - Fortis Investments has launched a fundamental 130/30 Euro strategy designed to enhance return from Eurozone equities, with similar risks of the standard market benchmark.

FRANCE - French think tank, Le Cercle des Epargnants and official survey group CSA have reported that 64% of the population are worried about funding their retirement.

FRANCE - French civil servants fund Caisse des Dépôts et Consignations has appointed Augustin de Romanet to the role of CEO - left vacant following the tragic death of Francis Mayer.

FRANCE - Buck Heissmann France has acquired independent actuarial consultant MODAC.

FRANCE - IXIS Asset Management Global Associates has appointed Sébastien Masson as head of European sales as part of the companies expanded global distribution effort.

FRANCE/GERMANY - Macquarie Global Property Advisors (MGPA) has opened offices in Paris and Frankfurt.

FRANCE - The €31.1bn French Pension Reserve Fund (FRR) continued its comeback from the "brutal" mid-year market correction as it increased assets under management by €1bn in Q4.